Stock Market Today: May 25th - 29th, 2020

Discussion in 'Stock Market Today' started by Stockaholic, May 22, 2020.

  1. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Sounds like Trump saying he will have a conference on China tomorrow causing the drop :eek:
     
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  3. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    I think we got a little (probably a lot) out of control to the upside. I went all cash today and I'm looking to scale in to short opportunities through October now.
     
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  4. StockJock-e

    StockJock-e Brew Master
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    The same headline could be the reason for the market to rally :D
     
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  5. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    Ultimately you have to decide in your own "Black Magic" , "Voo-Doo" , Headlines... Whatever. Technicals (my own Voo-Doo) have always been the most consistent for me.
     
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  6. Stockaholic

    Stockaholic Content Manager

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  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Trump conference at 2 pm, let’s see what he will say :p
     
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  8. OldFart

    OldFart Well-Known Member

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    Finally got break from working.....been busier than hell since the Wuhan Fluhan hit...crazy!
     
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Looks like stay at home stocks are hot again, stocks like TDOC and ZM up nicely :eek:
     
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  10. StockJock-e

    StockJock-e Brew Master
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    So is that good or bad?
     
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  11. OldFart

    OldFart Well-Known Member

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    both?...making lots of money working, but could be making more by trading...lol
     
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Market moving lower as Trump speaking :eek:
     
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  13. T0rm3nted

    T0rm3nted Moderator
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    Then a rally when he finished
     
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  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah it seemed like when he was initially speaking he was gonna announce something really big against China but didn’t happen :p
     
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  15. T0rm3nted

    T0rm3nted Moderator
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    Yep that's how I perceived it as well. They thought he'd say something to upset the market, then when he didn't it was a celebration
     
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  16. Stockaholic

    Stockaholic Content Manager

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    and that's a wrap to the trading week and the month of may. hope everyone had a good month!

    spx ends +4.53% this month and is now higher in 8 of the past 9 may's.

    nazzy now just a stone's throw from new highs :eek:

    oh and good to see @OldFart checking in here today! :D have a great w/e everyone!

    [​IMG]
     
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